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that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in washington overnight. it is now legal to buy and possess pot. the law, though, bans public use of marijuana, like drinking in public. and it's against the wall to sell pot. the state is trying to work out a system to license growers. >>> and
that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid...
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republicans are firing back, saying raising tax rates for anyone, including top earners, would jeopardize the economy. fiscal cliff negotiations are now in the hands of just two people, president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence plummeted. a lot of people attributing that to the gridlock in washington. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel. and we are talking about two men now. it comes down to these two guys and a lot of jobs on the line. possible hiring freezes, furloughs if we go over the cliff. federal agencies now working on reports for the white house, of the cuts they will make if we do actually go over the cliff. a diner, middle-class taxpayers and the vice president, telling republicans a deal to extend tax cuts for all but the wealthy is easy. >> the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. >> reporter: not really. eve
republicans are firing back, saying raising tax rates for anyone, including top earners, would jeopardize the economy. fiscal cliff negotiations are now in the hands of just two people, president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence plummeted. a lot of people attributing that to the gridlock in washington. >> reporter: they're using the jobs report right now,...
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let's get back to work, guys let's make this economy grow. lia: is there something else that could be done in the long run? people tha are shipping through this port get burned is there another optn? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this la giving the people that are on strike a whole lot of leverage? >> good point. we're always concned by diversn to other ports. we're concerned about diversion to prince rupert where the u.s. gets no money out of movement ofoods coming to the united states. but il th southern california are is suuh a large consuming ar it will always have a decent percentage of cargo coming through here but the incremental cargo is significant. if you divert 10% of the cargo away from los angeles it would be significant in the lo of jobs in sthern california alone. melissa: fred, thankso much for coming on the show. we appreciate it and best of luck to you. i hope this gets relved on. >> thank you very much. melia: so here's t
let's get back to work, guys let's make this economy grow. lia: is there something else that could be done in the long run? people tha are shipping through this port get burned is there another optn? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this la giving the people that are on strike a whole lot of leverage? >> good point. we're always concned by diversn to other ports. we're concerned about...
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find out what's really happening to the global economy with mike stronger the no holds barred look at the global financial headlines tune into cars a report on our. it's just stolen gold. no no no no no because we're going to look at the experience before serious words on the card guard. the model for service or and so forth the force monster should. be the foremost. bloodlust. they are all here to make it possible to be. a chimp on the fly and on our show. me it is easy to. be a little too nice. to. see. it all sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm charged welcome to the big picture. playing. live. as in most of the mines in segovia have passed into the hands of citizens who established small companies and of exploited them for many years now. at the mine one hundred thirty workers bring the or to the surface like ants carrying it on their backs from a depth of three hundred meters. or out by the side. tr
find out what's really happening to the global economy with mike stronger the no holds barred look at the global financial headlines tune into cars a report on our. it's just stolen gold. no no no no no because we're going to look at the experience before serious words on the card guard. the model for service or and so forth the force monster should. be the foremost. bloodlust. they are all here to make it possible to be. a chimp on the fly and on our show. me it is easy to. be a little too...
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Dec 9, 2012
12/12
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maybe takes rates take a year to kick in because the economy is fragile. people who are out of a job don't want the economy to tank further. they want a job in 2013. congress has to be very careful to get a deal that actually doesn't put us back into recession. as you know, there's not a lot of confidence in congress so there's fear congress will mess it up. >> that's been the situation for a long time. people want to unfasten their seat belts on this. we'll keep a close eye on it. we appreciate you joining in. >> thank you. >> from down here on earth to up there in the lunar skies, marking a huge milestone in human spaceflight. can you believe it's been 40 years since we sent the last manned mission to the moon captivating a worldwide audience. neil cavuto spent the last few months meeting with heroes who rescued everything. >> america's challenge of today, forged man's destiny of tomorrow. >> you were the last human being to touch that surface. how does that make you feel? >> humble. >> we leave as we came and god willing, we shall return. [ inaudible ]
maybe takes rates take a year to kick in because the economy is fragile. people who are out of a job don't want the economy to tank further. they want a job in 2013. congress has to be very careful to get a deal that actually doesn't put us back into recession. as you know, there's not a lot of confidence in congress so there's fear congress will mess it up. >> that's been the situation for a long time. people want to unfasten their seat belts on this. we'll keep a close eye on it. we...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our feet per. minute. nearly two years after the revolution that shocked the world and removed hosni mubarak from his long tenure at the head of egypt the egyptian revolution is going through some strange times perhaps some would say some dark times with us to discuss this is not other than. a presidential candidate himself and a former secretary general of the arab league and some of the thank you very much for joining thank you for coming so here we are close to the top risk where where it seems like we are atmosphere of revolution is once more in the air is that a sign of success or perhaps a failure. it cannot be a sign of success except in one meaning that people who are coming together to express their views. concerning the constitutional declaration that the majority. oppose. and therefore this is a sign of success that which is the freedom of expression the freedom of assembly. and conveying their views and this is som
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our feet per. minute. nearly two years after the revolution that shocked the world and removed hosni mubarak from his long tenure at the head of egypt the egyptian revolution is going through some strange times perhaps some would say some dark times with us to discuss this is not other than. a presidential candidate himself and a...
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i always say -- mitt romney focused as well as he should have on the economy but he talked about jobs and jobs and jobs. 92% of americans roughly of americans looking for work according to the unemployment numbers have a job. so who are you talking to? people -- that other 92%, they are concerned about their job and may be improving their job are concerned about a whole lot of other issues. national security, i've been very active on. i think we need a candidate who is comfortable in their skin, with the positions that mitt romney said he held. it wasn't he wasn't conservative enough and positions he articulated but didn't run a campaign on all of the issues and bring them to the floor that was convincing that he was going to do something. >> as you think about the future of the republican party, i talked to conservatives and they say we're not sufficiently a party of working people. as all of the constituency groups that the president did so well with, particularly latinos, what is the future of the republican party? >> the future of the republican party is a party that understands t
i always say -- mitt romney focused as well as he should have on the economy but he talked about jobs and jobs and jobs. 92% of americans roughly of americans looking for work according to the unemployment numbers have a job. so who are you talking to? people -- that other 92%, they are concerned about their job and may be improving their job are concerned about a whole lot of other issues. national security, i've been very active on. i think we need a candidate who is comfortable in their...
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find out what's really happening to the global economy cars a report on our. police be told language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the cia people interviews intriguing story to tell you.
find out what's really happening to the global economy cars a report on our. police be told language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the cia people interviews intriguing story to tell you.
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report. welcome to business europe's largest economy germany has downgraded the south look for economic growth for this other next year with industrial production slowing the bonus bag sees g.d.p. to grow point seven percent rather than the previously forecast one percent two thousand and thirteen growth will be four times slower than anticipated hears. from deutsche bank research two factors are responsible for the slowdown of the german economy the one for factory slowdown of x. product and the other is we can westmont evil ottman the west wonders declining for the last five quarters for the year two thousand and thirteen we expect export contribution of net exports of this negative to g.d.p. but what is the realty stable this consumption due to the good labor market situation and relatively high income growth compared to the previous years so the german economy should grow by slightly more than than the euro a
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report. welcome to business europe's largest economy germany has downgraded the south look for economic growth for this other next year with industrial production slowing the bonus bag sees g.d.p. to grow point seven percent rather than the previously forecast one percent two thousand and thirteen growth will be four times slower than anticipated hears. from deutsche...
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Dec 3, 2012
12/12
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FOXNEWSW
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this is our economy. we all want the economy to get better and americans to have more opportunities at jobs. this agreement should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then why wouldn't we consider it? >> what if we go over the cliff. doesn't the president hold all the cards then? can't he say, all right, everybody taxes have increased. i'm offering 98% a tax cut of $2,000 a year. you are the party of lower taxes. are you going to refuse to cut people's tacks? >> nobody wants to go over the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three
this is our economy. we all want the economy to get better and americans to have more opportunities at jobs. this agreement should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our...
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Dec 3, 2012
12/12
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KCSMMHZ
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and for egyptians, potatoes are a boon to the economy. the potato fields employ 250 workers. the farm even built a mosque for them. the workers earn 50 euros a week -- that's a good wage in egypt. >> look at fresh potatos coming from egypt, at good prices. and we are helping people work here, you are helping people produce here, you are helping the egyptian economy in return. >> but growing potatoes in the desert takes a lot more water than in germany. and transporting the potatoes to europe also consumes a great deal of energy. they're fresh and tasty, but egyptian potatoes pay a high price when it comes to environmental impact. christoph schÄfer is taking on the egyptian competition. he wants to be able to sell his potatoes in the spring,too. >> we're building a potato warehouse so that we can sell our potatoes year-round. that's our current project. we want to store our own potatoes, and then sell them on the market. >> in cairo, wholesalers go to the al um market to buy potatoes. the shish family has been dealing in potatoes for generations. they prefer to sell to russia
and for egyptians, potatoes are a boon to the economy. the potato fields employ 250 workers. the farm even built a mosque for them. the workers earn 50 euros a week -- that's a good wage in egypt. >> look at fresh potatos coming from egypt, at good prices. and we are helping people work here, you are helping people produce here, you are helping the egyptian economy in return. >> but growing potatoes in the desert takes a lot more water than in germany. and transporting the potatoes...
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economy is car sales. 1.1 million cars and trucks were sold last month, up 15% or last year. john blackstone reportes, while americans are spending more money on cars they're demanding vehicles vehicles that cost them less at the pump. >> reporter: this year's l.a. auto show is bolder... and greener than ever before. more than 50 electric, i hybrid, and other fuel-efficient vehicles are on display at a time when style is taking a backseat to fuel economy. edward loh, editor in chief for "motor trend" magazine says auto makers are paying close attention because more americans are in a buying mood. right now, the average age of a car opt road is 11 years, a record high. >> now, they're in these old cars. they want to buy a new one. they're going to start thinking about, hey, how much am i going to pay at the pump? >> reporter: overall consumer interest in alternate-fuel vehicles is up 54% so g.m. is renewing its commitment to pure electric cars with the chevy spark ev. ford is rolling out eight vehicles that deliver 40 miles per gallon or better including the 2014 fiesta, that
economy is car sales. 1.1 million cars and trucks were sold last month, up 15% or last year. john blackstone reportes, while americans are spending more money on cars they're demanding vehicles vehicles that cost them less at the pump. >> reporter: this year's l.a. auto show is bolder... and greener than ever before. more than 50 electric, i hybrid, and other fuel-efficient vehicles are on display at a time when style is taking a backseat to fuel economy. edward loh, editor in chief for...
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what is going on with this economy? and what happens next year? former cbo director joins us former cbo director joins us next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. @a nfc, a, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all living united. to ensure the academic success of millions of kids in our communities. all the way to graduation day. but that won't happen without you. so take the pledge at unitedway.org. make a difference in the life of a child. suit up like your favorite nfl players, and become a volunteer reader, tutor or
what is going on with this economy? and what happens next year? former cbo director joins us former cbo director joins us next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a...
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Dec 8, 2012
12/12
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KQED
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is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in recession, would be bad news for the rest of the world. we do not need that because recovery is fragile. we do not want to have this knock on affect on the fragile recovery. >> what would your message be to members of both parties on capitol hill as their negotiating? >> i would say focus on the real issue. the real issues for me are the supremacy of the united states and its leadership role in the world. the u.s. has an economic leadership in the world. it is a safe haven. to make sure --
is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver...
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we're in a down economy. you've got thousands and thousands of people dependinggon you to work this out. let's get back to work, guys. let's make this economy grow. melissa: is there something else that could be done in the long run? people that are shipping through this port get burned is there another option? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this lane giving the people that are on strike a whole lot of leverage? >> good point. we're always concerned by diversion to other ports. we're concerned about diversion to prince rupert where the u.s. gets no money out of movement of goods coming to the united states. but still the southern california area is suuh a large consuming area it will always have a decent percentage of cargo coming through here but the incremental cargo is significant. if you divert 10% of the cargo away from los angeles it would be significant in the loss of jobs in southern california alone
we're in a down economy. you've got thousands and thousands of people dependinggon you to work this out. let's get back to work, guys. let's make this economy grow. melissa: is there something else that could be done in the long run? people that are shipping through this port get burned is there another option? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this lane giving the people that are on strike a...
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they are and i think that if i ignore it will go away but nothing's really going to change because the economy is like that you might think it will change but they're going to think about it the resident answer if americans are prepared to dive that's a hate. plus india declares a full scale war on a deadly rotavirus disease which kills the hundreds of thousands of children in the world promising a one dollar vaccine against a baby killer. looking to unite its own hands britain now wants to take the edge off the e.u.'s arms embargo against syria under and says it wants to help rebel groups more buy a greater aid and shipments of military gear that was our teaser sir for us reports the final recipients may not be the ones the u.k. has in mind. well the u.k. foreign office has confirmed this week britain is going to be thinking an amendment to the arms embargo on syria making it easier to help the opponents the syrian president bashar al assad now a foreign office official has said that the practical support is likely to include training and non-lethal equipment britain want to play a role in sy
they are and i think that if i ignore it will go away but nothing's really going to change because the economy is like that you might think it will change but they're going to think about it the resident answer if americans are prepared to dive that's a hate. plus india declares a full scale war on a deadly rotavirus disease which kills the hundreds of thousands of children in the world promising a one dollar vaccine against a baby killer. looking to unite its own hands britain now wants to...
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find out what's really happening to the global economy with mike's culture for a no holds barred look at the global financial headlines tune into a report on our six. experience before series with the color guard. the model for service. so. before sponsorship. nations the foreign policy. lifts. they are all here to make it possible. to chimp and the client. the for. the for. you. so. the gold fever. turnstyles winds into slaves. my father but also among others involved in the monsoon and since i started working in amman i stated a lookup. field multinationals. is a cash cow to be milked dry and if i think that in this country gold medal logie has an environmental cost which is unacceptable local business was labeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. most blog post but we are forced to pay protection to illegal groups what price is colombia going to pay. if the modest effect on our t.v. . hello yellow welcome to the spotlight show on arts. today my guest on the show is. the. membership kept russia excited for almost two
find out what's really happening to the global economy with mike's culture for a no holds barred look at the global financial headlines tune into a report on our six. experience before series with the color guard. the model for service. so. before sponsorship. nations the foreign policy. lifts. they are all here to make it possible. to chimp and the client. the for. the for. you. so. the gold fever. turnstyles winds into slaves. my father but also among others involved in the monsoon and since...
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if we raise taxes wickets ithe economy into a tailspin. lou: you know, the choice, as i said, in terms of consequences for the polical or economic lle severe. i want to credit. i don't know if you rad his pie entitled the gop, the party of slightly fewer tax hikes. this has to be a carefully managed, if youwill be the mouthpiece of political choreography becausepublican party right now, the party o free enterise and individual freedom, self-reliance, and lower taxes andsmaller government is on the vergeof giving up it claims on lower taxes, smaller government, and, perhaps, peraps migrated dependency, less iindividual eedom and self-liance. it gives no much for the party to cling to politically. lou:here is the thing. the facts are actually on our side. when bush cut the taxrates i 2003, do you know what happened? more reenue. th percentage of that revenue. >> adelle want to give the full answer t this. we saw the sloest jo ceation. it was on match by the procession of 2008 and nine. this is such a complicated economy, as you know as well
if we raise taxes wickets ithe economy into a tailspin. lou: you know, the choice, as i said, in terms of consequences for the polical or economic lle severe. i want to credit. i don't know if you rad his pie entitled the gop, the party of slightly fewer tax hikes. this has to be a carefully managed, if youwill be the mouthpiece of political choreography becausepublican party right now, the party o free enterise and individual freedom, self-reliance, and lower taxes andsmaller government is on...
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going to take on full on the billionaire how would you compare egypt's economy now to. father steve camile some lots more but it. was sixty five point six at central bank now we know still down fifteen point five billion dollars and this is a huge cut that with his own hand if that's even possible and. it affects investors no one will come to invest anything any here in egypt to do these e's fifty six took. a lot of unemployment to do is to add also six too soon we are going to feel sick she was. just continues to be all usual these you just lose a fit all six do so easy of business with the shop now we are divided into two parts so it isn't quite as a political force in one hand and muslim brotherhood in as one hand whom we all in the thirty six when you read it think you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. russia and turkey will try to shield growing economic and trade ties from a widening rift over the syrian confli
going to take on full on the billionaire how would you compare egypt's economy now to. father steve camile some lots more but it. was sixty five point six at central bank now we know still down fifteen point five billion dollars and this is a huge cut that with his own hand if that's even possible and. it affects investors no one will come to invest anything any here in egypt to do these e's fifty six took. a lot of unemployment to do is to add also six too soon we are going to feel sick she...
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call an oppressive regime are planning to march on the presidential palace on chews day the market economy is deteriorating as economist laid it out explained to artie's tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very thailand's an economist here in cairo rather thank you for joining me think first of all tell us briefly. what was really going on in the stock market pull on the show every week i'm hearing most is announcement in the next that the kid issues are still small school shopping isn't even coalesce around the turn first thing down this isn't mutual have and this is love is most of the funny outgoing he comes i am after we are going to kick around fulfilling the billionaire who knows how would you compare egypt's economy now to walsh from. harvard teaches that a commie was somewhat steve leung that move out of the service was thirty five point six x. in food bank now will still down fifteen point five billion dollars and this is
call an oppressive regime are planning to march on the presidential palace on chews day the market economy is deteriorating as economist laid it out explained to artie's tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very thailand's an economist here in cairo rather thank you for joining me think first of all tell us briefly. what was really going...
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Dec 10, 2012
12/12
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FBC
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what is going on with this economy? and what happens next year? former cbo director joins us former cbo director joins us next. [beep] [indistct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find o how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. ♪ lou: joining us now, the former director of the congressional budget office, former commissioner of the financial crisis inquiry commission, how many shows can brag that we have had two members of the commission on the same night and, as well, president of the american action form. pretend you're. >> thanks. lou: fighting words in washington. the speaker today actually said the words. the president ha dopted a deliberate strategy to a slow walk our economy right to the edge of the fis
what is going on with this economy? and what happens next year? former cbo director joins us former cbo director joins us next. [beep] [indistct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find o how it can help frontline...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our. do we speak your language i mean some of the worn out of the. news programs and documentaries in spanish matters to you breaking news a little tonnage of angles kiddies stories. for you here. in troy all t. speil. find out more visit eye to eye. play. a little. anxious. live close. you. good afternoon welcome to capital account i'm lauren mr here in washington d.c. viz your headlines for friday december seventh two thousand and twelve is jobs day u.s. jobs numbers for november came in better than expected with the b.l.s. report showing one hundred forty six thousand jobs were added much more than expected and the unemployment rate fell to seven point seven percent but why did the rate went down because more people left the labor force and when you look at the lack of exciting increases in wages that also comes out in this report what should we really make of it all and what does that portend for housing which our guest ba
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our. do we speak your language i mean some of the worn out of the. news programs and documentaries in spanish matters to you breaking news a little tonnage of angles kiddies stories. for you here. in troy all t. speil. find out more visit eye to eye. play. a little. anxious. live close. you. good afternoon welcome to capital account...
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12/12
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KQED
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there's a lot at stake in america and international economies as well. can you reassure them that you will come to some sort of a deal? >> i think that we will. we're in the early stages of the serious negotiations and that president -- the president has put forth an offer and speaker john boehner has put forth that offer. the fact that this is rejected is to be expected but it is testing ground. we have seen that between them have gone through this process. i believe we will get there. both sides so that we cannot win are refusing to compromise. we both have our right to be here and we have countered with some revenue in places. we want to see what the president will do in terms of cuts. where are concerned about the deficit. i believe we will get there. i really do. >> you are a perennial optimist. you make everything seem sunny. we are at a stalemate. republicans do not want to raise taxes and democrats to know what to -- do not want to cut spending. >> the president has the political upper hand. if nothing happens, the tax rates do expire as is and t
there's a lot at stake in america and international economies as well. can you reassure them that you will come to some sort of a deal? >> i think that we will. we're in the early stages of the serious negotiations and that president -- the president has put forth an offer and speaker john boehner has put forth that offer. the fact that this is rejected is to be expected but it is testing ground. we have seen that between them have gone through this process. i believe we will get there....
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three areas of the economy that tend to do ok in a recession alcohol makeup and sex toys i used to sell a one or two a month maybe three or four now i'm selling my town a week so is sex really the key to financial success to answer this and more i'm joined now by moonlight bunny ranch owner dennis hof and one of his colleagues krista kisses to answer that question more hi there guys and then let's start with you and i know you're not supposed to talk about politics or religion in brothels but today let's make an exception talk about at least the first one i'd like to play a little clip for you from c.m.t. see it and get your thoughts. do you think for lack of better room word things have bottomed and they're getting better or or still along the bottom i have not seen signs of improvement yet know. if i were going to start a brothel today i wouldn't. so in that clip you had a fellow. matter come out to say that she wouldn't encourage anyone to go into this line of business i know that you disagree with us can you explain why well it was she said x. employees who knows but the blue ridge
three areas of the economy that tend to do ok in a recession alcohol makeup and sex toys i used to sell a one or two a month maybe three or four now i'm selling my town a week so is sex really the key to financial success to answer this and more i'm joined now by moonlight bunny ranch owner dennis hof and one of his colleagues krista kisses to answer that question more hi there guys and then let's start with you and i know you're not supposed to talk about politics or religion in brothels but...
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find out what's really happening to the global economy. there are no holds. headlines to report. her to cut. as. most of the mines in segovia have passed into the hands of citizens who established small companies and have exploited them for many years now. at the mine one hundred thirty workers bring the or to the surface like ants carrying it on their backs from a depth of three hundred meters. or out by the side. trying not to make it too heavy so you can walk. it depends. there are times you make two and a half to three million that's twelve hundred euros because the mine is rich you can even make four or five million. give me middle of the gold miner works hard for fifteen days to one man the minute . and then he goes out and in one week spends it all on drink on women and passions everything he made in a month. it's ok. that is why in a place so rich there is such great poverty. often the mines are a stone's throw away from homes the residents dig wherever they think they can get lucky. up on. this one hundred ten meters about forty five degrees. for the time being we haven'
find out what's really happening to the global economy. there are no holds. headlines to report. her to cut. as. most of the mines in segovia have passed into the hands of citizens who established small companies and have exploited them for many years now. at the mine one hundred thirty workers bring the or to the surface like ants carrying it on their backs from a depth of three hundred meters. or out by the side. trying not to make it too heavy so you can walk. it depends. there are times you...
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find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial headlines tune into cars a report on our. poll for our. well. science technology innovation all the developments around russia we've got the future are covered. good afternoon welcome to capital account i'm lauren mr here in washington d.c. these are your headlines for friday december seventh two thousand well it's jobs day u.s. jobs numbers for november came in better than expected with the b.l.s. report showing one hundred forty six thousand jobs were added much more than expected and the unemployment rate fell to seven point seven percent but why did the rate went down because more people left the labor force and when you look at the lack of exciting increases in wages that also comes out in this report what should we really make of it all and what does it portend for housing which our guest barry habib mortgage exact thinks has been a bright spot for the economy we'll hear from a plus brace yourself the f one c meets next week and some are forecasting the f
find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial headlines tune into cars a report on our. poll for our. well. science technology innovation all the developments around russia we've got the future are covered. good afternoon welcome to capital account i'm lauren mr here in washington d.c. these are your headlines for friday december seventh two thousand well it's jobs day u.s. jobs numbers for november came in better...
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what is going on with this economy? and what happens next year? former cbo director joins us next. ♪ lou: joining us now, the former director of the congressional budget office, former commissioner of the financial crisis inquiry commission, how many shows can brag that we have had two members of the commission on the same night and, as well, president o the american action form. pretend you're. >> thanks. lou: fighting words in washington. the speaker today actually said these words. the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. are you emotionally moved? do you think the nation is galvanized? >> i don't know if the nation is galvanized in the but i will be honest to my nervous about this. i view the clippers a genuine economic threat and a recipe for recession. weheard the secretary of treasuryaid earlier this week that he was prepared to go over the cliff, which i found shocking as the top economic official in an administration if that is the strategy, it is a very, very dang
what is going on with this economy? and what happens next year? former cbo director joins us next. ♪ lou: joining us now, the former director of the congressional budget office, former commissioner of the financial crisis inquiry commission, how many shows can brag that we have had two members of the commission on the same night and, as well, president o the american action form. pretend you're. >> thanks. lou: fighting words in washington. the speaker today actually said these words....
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on to be diagnosed it's published three countries to secrete economy gas and austerity prescription from the finance minister with the public being force fed ex hikes and spending. this is coming to live from moscow hello and welcome to the program tongues and all my vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which cold file an injured hundreds the violence started once thousands of president morsy supporters moved into a crush of setting off his opponents the standoff became the bloodiest says they'll prising things the president began two weeks ago cairo based reporter belcher told me the latest. right now i have to hurry square work the scenes. the have been scuffles on the square here behind me outside the presidential palace i tried reports that the clashes have broken out during the day but basically we've seen very violent scenes overnight my colleague tom barton was there reporting from the scene we're about as close as we cracked to the fighting here in central cairo near the presidential palace a few. muslim b
on to be diagnosed it's published three countries to secrete economy gas and austerity prescription from the finance minister with the public being force fed ex hikes and spending. this is coming to live from moscow hello and welcome to the program tongues and all my vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which cold file an injured hundreds the violence started once thousands of president morsy supporters moved into a...
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it's the economy at heart. according to leading daily only 57% of national taxes paid by catalon is returned. the lest is filtered to spain. the scotts believe that breaking away now would rid them of london's us a tausterity plans. they are careful to calculate the costs and benefits. last year scotts were polled on how they view independence. if independence made them worse off the results flipped. 500 pounds the only about 800 u.s. dollars. adam smith, a scott, if we apply that logic in america states could point out they subsidize states like alabama, mississippi and montana. states that are the most fervent advocate of states rights and small government. we'll take you to one of africa's most trouble ed nation next. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never bee
it's the economy at heart. according to leading daily only 57% of national taxes paid by catalon is returned. the lest is filtered to spain. the scotts believe that breaking away now would rid them of london's us a tausterity plans. they are careful to calculate the costs and benefits. last year scotts were polled on how they view independence. if independence made them worse off the results flipped. 500 pounds the only about 800 u.s. dollars. adam smith, a scott, if we apply that logic in...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't understand they only have the if they have the sound of one hand clapping they don't understand the economy.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't...
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find out what's really happening to the global economy in these kinds of reports on r g. h.
find out what's really happening to the global economy in these kinds of reports on r g. h.
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Dec 10, 2012
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republicans will say it's too weak for us to play a guinea pig with the economy. i think what is relevant about the job numbers is they're not strung. politics aside, presidents when they have a second term we know their lasting legacy is their stewardship of the economy. it's astonishing this president thinks given how weak the economy is that you can go out just impose new taxes, whatever that may come. if he's wrong and it has an effect, it's going to be hard to dig out of that. >> juan, 23 days and counting until we go over the cliff. do you see, and you heard senators corker and schumer, any sign that we're getting closer to a deal and it sure seems, listening to senator corker, like republicans are caving on the top tax rates. >> you were listening carefully. >> chris: it didn't take that much careful listening. >> that's right. that's a sign. republicans don't have leverage. you look at the polls, it's not one or two polls, it's overwhelming, the american people would blame the g.o.p. the second thing to say is you look at people like corker, but beyond cor
republicans will say it's too weak for us to play a guinea pig with the economy. i think what is relevant about the job numbers is they're not strung. politics aside, presidents when they have a second term we know their lasting legacy is their stewardship of the economy. it's astonishing this president thinks given how weak the economy is that you can go out just impose new taxes, whatever that may come. if he's wrong and it has an effect, it's going to be hard to dig out of that. >>...
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>> the economy changed. the economy is better. a lot has been made of the fact that the president caved two years ago, december of 2010. that was when the buschera tax rates first expired and he agreed to a two-year extension. yes, he caved but i think in fairness to the president he got a lot for it and the economy wasn't doing so well, which is why he wanted stimulus in the first place. in return for extending them then, he got payroll tax cut for all workers, that is now expiring and other tax rates for small businesses and individuals. it was a pretty good package, more than he should have expected coming off december 2010 after a month after republicans had swept the election and taken back control of the house. there's history here but now the economy is good enough that he feels he can say this is it, i'm standing my ground, we're going to end these rates and yet he still wants some stimulus in his deal, infrastructure spending. gwen: this is an interesting moment where we're not hearing a lot from either side. either they'
>> the economy changed. the economy is better. a lot has been made of the fact that the president caved two years ago, december of 2010. that was when the buschera tax rates first expired and he agreed to a two-year extension. yes, he caved but i think in fairness to the president he got a lot for it and the economy wasn't doing so well, which is why he wanted stimulus in the first place. in return for extending them then, he got payroll tax cut for all workers, that is now expiring and...
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all right well sticking with the topic of the economy fears of falling over the proverbial fiscal cliff how force the issue to the top of the congressional agenda the upcoming financial crisis was created by congress to force congress to act and is now acting against congress so much so that it could potentially cause the us to spiral into a congressional mandated recession so are you prepared for that or do you think this whole thing will blow over in a last minute deal lorie harshness of the resident dot net took that question to the streets of the financial capital of the world to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media talking about it incessantly well so go there i guess i'm not as informed as they should be but i just kind of figure it might work out do you think most people feel that way you know even most people are worried i think they are and i think that if i ignored it all go away do you think call
all right well sticking with the topic of the economy fears of falling over the proverbial fiscal cliff how force the issue to the top of the congressional agenda the upcoming financial crisis was created by congress to force congress to act and is now acting against congress so much so that it could potentially cause the us to spiral into a congressional mandated recession so are you prepared for that or do you think this whole thing will blow over in a last minute deal lorie harshness of the...
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economy. speakers include gene sperling, harvard university president, and former congresswoman and portugal vice-president, susan molinari. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
economy. speakers include gene sperling, harvard university president, and former congresswoman and portugal vice-president, susan molinari. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
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and if it shrinking it produces less the problem is the united states economy in recent years has been consuming its capital stock that's like burning furniture to heat the whole.
and if it shrinking it produces less the problem is the united states economy in recent years has been consuming its capital stock that's like burning furniture to heat the whole.
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it wrecks the economy in the process. melissa: peter, it is delusional but so is everything else we're doing right now. i think that's my point the whole notion of the debt ceiling and raising it and owing, spending our children's money, everything we're doing is insane rig now. >> oh i agree with that. it's a way around the debt ceiling problem. instead of printing bonds, you create this coin so you don't have to get t debt iling raised. the debt ceiling is one last point of restraint we have in the system. it causes us to focus. >> this is like a monopoly token. the coin might as well be a checkers piece. >> exactly. melissa: guys, we've got to go. thanks to all of you. you are fantastic. you have to come back and be our power panel again. >> take care. melissa: all right. here is the question of the day. would two platinum coins soe all o debt problems? we want to hear what you think. like us at facebook.co facebook.com/melissafrancisfox. or follow me on twitter, @melissaafrancis. i loved your responses. i read them al
it wrecks the economy in the process. melissa: peter, it is delusional but so is everything else we're doing right now. i think that's my point the whole notion of the debt ceiling and raising it and owing, spending our children's money, everything we're doing is insane rig now. >> oh i agree with that. it's a way around the debt ceiling problem. instead of printing bonds, you create this coin so you don't have to get t debt iling raised. the debt ceiling is one last point of restraint we...
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but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike
but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it...
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economy will be hit by $600 billion of automatic tax increases. and automatic spending cuts. the phenomenon known as the fiscal cliff. if that happens, it will trigger a recession, or worse. so, president obama is taking action and insisting that republicans agree to increase the existing marginal tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is negotiated now. the president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that super-rich revenue. >> we're not insisting on rates just out of spite. or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. >> okay. here is john boehner, the republican house speaker. >> if you look at the plans that the white house have talked about thus far, they couldn't pass either house of the congress. >> republicans proposed raising $800 billion in extra revenues. and that revenue should come through
economy will be hit by $600 billion of automatic tax increases. and automatic spending cuts. the phenomenon known as the fiscal cliff. if that happens, it will trigger a recession, or worse. so, president obama is taking action and insisting that republicans agree to increase the existing marginal tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is...
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find out what's really happening to the global economy. for a no holds barred. max kaiser welcome to the kaiser report people of the united kingdom listen to me i've seen your future and your future is scum villages and royal babies that the newspapers say will look like this yes i may have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. standing. yes maxwell of course this is the big budget day in the united kingdom and it's of course celebrating everywhere you look you cannot escape every single paper for the don and will and kate it's never ending but with this austerity budget and with the celebration all the newspapers are talking about like the baby is going to cost two million dollars a year the first year for clothes just for clothes and yet any of the mothers in england are being told or the united kingdom are being told we're going to slash your benefits we're going to make sure you're not you know feeding your children too much no no no
find out what's really happening to the global economy. for a no holds barred. max kaiser welcome to the kaiser report people of the united kingdom listen to me i've seen your future and your future is scum villages and royal babies that the newspapers say will look like this yes i may have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. standing. yes maxwell of course this is the...
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what is going on with this economy? and what happens next year? former cbo director joins us next. ♪ [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enougfor sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and ll your doctor right away if you experience a sudden decreaser lo in vision or aring. this is the age of taking action. viagra. talk to your doctor. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $
what is going on with this economy? and what happens next year? former cbo director joins us next. ♪ [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enougfor sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury,...